Analysts have suggested that the competition probe into Royal Mail's French division could be politicially motivated More: continued here
Read More »France fine threat for Royal Mail – Yahoo News UK
Yahoo News UK France fine threat for Royal MailYahoo News UKRoyal Mail is facing a fine estimated by analysts at up to £160 million after it announced that its loss-making French parcels operation is being investigated by competition authorities. The FTSE 100 firm, privatised last year, disclosed that it was …
Read More »Royal Mail hit with French competition probe – Scotsman
Royal Mail hit with French competition probeScotsmanFrench authorities have alleged that Royal Mail's parcel delivery arm, GLS France, has breached competition laws, the postal service said today. Royal Mail said this morning that the notice received from the Autorité de la Concurrence was connected to … More: continued here
Read More »Royal Mail Statement On French Regulator Investigation On Antitrust Law … – RTT News
Royal Mail Statement On French Regulator Investigation On Antitrust Law …RTT NewsRoyal Mail Plc (RMG.L), in its statement on French competition authority investigation into alleged antitrust law breaches in France, said that it is currently considering a notice received from the French regulator. Given the early stage of this … …
Read More »France fine threat for Royal Mail – Belfast Telegraph
Belfast Telegraph France fine threat for Royal MailBelfast TelegraphGLS is a Europe-wide parcel delivery service acquired by Royal Mail in 1999, that bought its French unit – which was originally founded in 1979 – the following year. Results for the 12 months to the end of March this year showed …
Read More »Royal Mail Subsidiary Accused of Breaking French Antitrust Law – International Business Times UK
Royal Mail Subsidiary Accused of Breaking French Antitrust LawInternational Business Times UKIts subsidiary, GLS France, is accused by the country's regulator of breaching antitrust law. The allegation is part of a wider investigation into the parcels industry. Following the news, Royal Mail shares dipped by more than 2% on the …
Read More »UPDATE 1-Royal Mail given notice of French competition investigation – Reuters
UPDATE 1-Royal Mail given notice of French competition investigationReutersLONDON, July 16 (Reuters) – Britain's Royal Mail has received notice from French competition authorities over a possible breach of antitrust law by one of its subsidiaries, which could result in a fine for the recently privatised group. Royal Mail said … …
Read More »Royal Mail faces "material" fine from French
Analysts estimate £160m fine for FTSE100 delivery company after French find evidence of collusion among global firms More: continued here
Read More »Royal Mail facing £160m fine after subsidiary caught in French competition probe – Evening Standard
Evening Standard Royal Mail facing £160m fine after subsidiary caught in French competition probeEvening StandardGLS contributed about 17% of Royal Mail's£9.45 billion revenue for the year to March 30. The network covers 37 countries but its main markets are Germany, Italy and France. “We are currently considering the notice received …
Read More »Most followed: Promethean, Royal Mail, Renovo, Rio Tinto, Royal Mail, Sporting … – Proactive Investors UK
Most followed: Promethean, Royal Mail, Renovo, Rio Tinto, Royal Mail, Sporting …Proactive Investors UKRoyal Mail (LON:RMG) said that certain companies within the group have received a notice from the French competition authority (Autorité de la Concurrence) alleging breaches of monopoly laws by one of Royal Mail's subsidiaries, GLS France. This …
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